Silver miner Coeur D’Alene reported that the company expects prices of the precious metal to rise above current levels, but they are likely to remain shy of the record levels touched in March 2008. Chief Executive Officer Dennis Wheeler, said: I wouldn’t sit here and forecast new highs for you. But I certainly feel quite [...]
Vedanta Resources group firm Hindustan Zinc on Tuesday increased the prices of silver manifold, adding that the prices are exclusive of sales tax/VAT and other statutory levies as applicable. For full story, click here
Vedanta Resources group firm Hindustan Zinc reported that it has hiked prices of silver. The miner changes silver rates almost everyday following the price movement at the London Metal Exchange. For more information, click here
Silver futures were down 5 cents per ounce at $14.04, managing to hold onto its 14-dollar leg. For full story, click here
Spot Silver prices shall find support at $14.06/$13.80 whereas resistance is seen at $14.49/$14.66. For full story, click here
The firm, which started listing silver rates last month, hiked the rate of the metal by INR 1,680 a kilogram to INR 23,580 per kilogram from the February 12th 2009 level. For full story, click here
MCX March Silver shall find support at 22850/22550 whereas resistance is seen at 23250/23450 levels. For full story, click here
Ratio of the price of gold to the price of silver has held around its historic average of 5 to 6 for most of the last three years. For full story, click here
The idea that silver will lag along way behind gold – due to its status as an industrial metal hit by the recession – and then catch up at sometime in the future, looks disproved. For full story, click here
The closing price for silver this week is $13.70 while gold is at $941 per ounce. For full story, click here
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